FAMILY FEUD — Business goes on at EVA Air despite the power struggle among half-brothers for control of the Evergreen Group. (Photo: CNA)

Taiwan Super Rich now Fewer, and Poorer The economic slowdown in China is hitting Taiwan’s wealthiest where it hurts: their net worth. According to the Forbes list of 1,810 billionaires worldwide, Tsai Eng-meng, chairman of WantWant foods conglomerate, and Hon Hai Precision’s Terry Gou retained their positions as Taiwan’s first and second wealthiest, respectively. But…

Following Bloomberg’s relegation of Taiwan to its inglorious Recession Club for 2016, along with economic disappointments Ukraine, Russia, and Brazil, Deputy Minister Kao Shien-quey of the National Development Council sought to reassure the public that “this year should not be so bad.” She said she sees the economy as likely to bottom out in the…

Each year since 1996 – usually shortly after release of the Taiwan White Paper – AmCham Taipei has organized a week-long “Doorknock” mission to Washington, D.C. to exchange views with U.S. government executive agencies, Congressional offices, think tanks, and others concerned with U.S.-Taiwan bilateral economic relations. The trip is always extremely useful. It gives AmCham…

Despite resistance from China in the field of display technology, Taiwan has agreed to take part in the new ITA-2 free trade pact. Taiwan’s Bureau of Foreign Trade (BOFT) announced from Geneva, Switzerland, that it has ended its resistance to finalizing a deal for the updated Information Technology Agreement (ITA) global trade pact, known as…